After reporting a decline in earnings for the second quarter, chemical company DuPont is considering the sale of its Performance Chemical segment, which includes its Titanium Technologies business
Specialty chemicals company Perstorp Holding AB (Perstorp) has sold its formaldehyde technology and catalyst business, Formox AB, to Johnson Matthey Plc, a global specialty chemicals company and a leader in sustainable technologies.
Kemira Oyj and Rockwood Holdings Inc. have signed an agreement in which Rockwood will buy Kemira's share of the titanium dioxide joint venture Sachtleben GmbH in a deal worth EUR 97.5 million.
PPG Industries has closed the separation of its commodity chemicals business and merger of its wholly-owned subsidiary, Eagle Spinco Inc., with a subsidiary of Georgia Gulf Corp.
Cytec Industries Inc. has reached an agreement to sell its Coating Resins business to Advent International, a global private equity firm, for $1,032 million plus assumed liabilities of $118 million, bringing the total value to $1,150 million.
H.B. Fuller Co. has completed the sale of its Central America Paints business to Compania Global de Pinturas S.A. (Pintuco), a company of Grupo Mundial, for $120 million.
Cytec Industries Inc. has initiated a formal sale process for its Coating Resins business. Cytec's target is to complete a transaction by the end of the year.
H.B. Fuller Co. has signed an agreement to sell its Central American paints business to Compania Global de Pinturas S.A. (Pintuco), a Grupo Mundial company.
